Impairment of Property, Plant, and Equipment

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  • Опубліковано 5 лис 2024

КОМЕНТАРІ • 62

  • @maryannviccortes1766
    @maryannviccortes1766 6 років тому +24

    thank you for all your videos! i'm a struggling accountany student in the philippines and your videos help me alot to understand what my professors fail to explain. thank you so much! if i'll be a CPA, i'll sure as well won't forget you. pls keep uploading these awesome videos 🤗

    • @Edspira
      @Edspira  6 років тому +6

      I love comments like these, because they keep me motivated to make more videos. Mary, I wish you the best in your classes and I'm pulling for you to pass that CPA!

    • @becomingsophia
      @becomingsophia 6 років тому +1

      I share the same sentiment

    • @deniseryser4631
      @deniseryser4631 4 роки тому

      Edspira thank you so much!!! I just found these videos and they have helped me immensely!! I am a 50+ student and my instructor is very unclear. This is a huge help and I have shared this resource with a few classmates here inBC Canada!

  • @saraal2529
    @saraal2529 6 років тому +7

    You are the best lecturer in the accounting field.I am studying for FAR now.and I understand topics from you better than wiley and becker. I hope in the future you have your own course materials.Thank you soo much. And please continue uploading

    • @Edspira
      @Edspira  6 років тому

      I'm really glad that Edspira helped you! I've created some course materials on the Edspira website, but I'm working on more written content. The financial accounting course on Edspira is better organized than UA-cam, and contains some practice exercises and quizzes. You can check it out here: www.edspira.com/courses/financial-accounting/ Thanks for watching!

  • @sicilianwanderer8534
    @sicilianwanderer8534 6 років тому +7

    Your videos are so helpful, and I'm forever grateful for them. If I struggle with a section, it's always your videos that help me understand them more clearly, so thank you so much!

  • @EfttekerUddinRafi
    @EfttekerUddinRafi 3 роки тому +3

    thank you, you are amazing. I swear to God that I wish my college hired such talented person like you instead of most of useless teacher we have

    • @Edspira
      @Edspira  3 роки тому +1

      Wow, thank you!

  • @alicew3387
    @alicew3387 3 роки тому +1

    I was hesitate to click in due the the black background and neon notes, but! The lecture is right on the point, Super clear instructions. Thank you!

  • @trinitypark2769
    @trinitypark2769 2 роки тому +1

    Thank you for explaining terminology very well. I'm struggling with all difficult words now..

    • @Edspira
      @Edspira  2 роки тому

      Happy to help!

  • @anoopbrar1144
    @anoopbrar1144 4 роки тому +6

    Thank you so so so so much for making such clear and helpful videos!!!! I would be so much more stressed and hopeless if your channel didn't exist. I have recommended it to my classmates as well. I hope you keep helping many more students to come :) you are the amazing accounting teacher I never had.

  • @MyFinancialFocus
    @MyFinancialFocus 2 роки тому +2

    Noncash expenses are cool. I like seeing this stuff get adjusted on the cash flow statement.

  • @LungisaniNgcobo-nz8ns
    @LungisaniNgcobo-nz8ns 2 місяці тому

    You 're cLear and understandable 👏🏻👏🏻this vedio is the best

  • @Nott_Fifi
    @Nott_Fifi 4 роки тому +1

    Thank you so much !!! you are hundreds of times better than my university professor!

  • @ivornworrell
    @ivornworrell 7 років тому +6

    *Core accounting knowledge, thank you for this video Sir.*

  • @joym1925
    @joym1925 5 років тому +2

    Thank you for helping me with my CPA Journey!

  • @rad11000
    @rad11000 6 років тому

    The best videos so far. You deserve to be the teacher of the year.

  • @cbd7575
    @cbd7575 3 роки тому

    Your videos are so helpful. My grade in intermediate accounting 1 thanks you!

  • @messididit
    @messididit 4 роки тому

    youtube... what a beautiful place! thank you so much for your great videos sir.

  • @bibobnoor1030
    @bibobnoor1030 5 років тому +3

    Thanks Sir
    May Almighty bless u with peace & Happiness

  • @bordershader
    @bordershader 2 роки тому +1

    Best explanation ever, thanks so much.

    • @Edspira
      @Edspira  2 роки тому +1

      Glad it was helpful!

  • @motseimodise387
    @motseimodise387 4 роки тому

    Thank you so much for this video. Now I understand how impairment is calculated.

  • @accmasmali
    @accmasmali 2 роки тому

    it's a great video as always, Hope you show us how to account for impairment under IFRD too, Thanks.

  • @amrmunir4483
    @amrmunir4483 Рік тому

    Thanks for the great information , I have a question, my company used to do impairment but they don't reduce the PPE but they make GL entry DR expenses and CR allowance or provision, is this entry is ok? I don't remember if this in PPE or investment, please advise

  • @shakoomino6127
    @shakoomino6127 2 роки тому +1

    Isn’t impairment loss = book value - max future cash flows/fair value = 30k-10k=20k
    Using future cash flow since its higher than fair value.

  • @hazemkamalmaz8772
    @hazemkamalmaz8772 3 роки тому +1

    May i ask you to explain by video when we have to expense / capitalize "research and development" costs ?

  • @DerrickAMedina
    @DerrickAMedina 7 років тому +1

    really find your videos useful.. Would you please make videos concerning Partnership liquidation and allocation of income? Both advanced accounting topics that would be extremely useful ! thank you

  • @missicymimi
    @missicymimi 2 місяці тому

    is the oven expected to generate $10k before it is discontinued assuming the oven no longer works? What if the oven is expected to generate $10k over the next 3 years, would that offset the impairment?

  • @wawanwawan2010
    @wawanwawan2010 6 років тому +1

    Awesome.....as usual........thank you so much for sharing ......

  • @Dannen-t1u
    @Dannen-t1u 11 місяців тому

    This was so helpful. Thank you!

  • @bilalfa1993
    @bilalfa1993 3 роки тому +1

    Best video soo far! i love it!

  • @elibirguitar
    @elibirguitar Рік тому

    Hi!
    What is the intuition behind step 1? Won't the cash flow disappear since the machine broke? Thanks.

  • @mthunzimapatwana
    @mthunzimapatwana 5 років тому

    Thank you very much sir that was straight forward and simple

  • @summerjho2781
    @summerjho2781 7 місяців тому

    Always very helpful! Thank you!

  • @hfabillar2603
    @hfabillar2603 6 років тому +1

    So clear and direct. Thank you.

  • @cool1u1
    @cool1u1 6 років тому

    Excellent stuff , learnt a lot for exams

  • @leonardofrale6839
    @leonardofrale6839 4 роки тому

    Nice video, It is very usefull

  • @parvinkariman205
    @parvinkariman205 4 роки тому

    Thank you, your videos help alot.

  • @jpizzel9629
    @jpizzel9629 4 роки тому

    Why is the undiscounted cash flow used instead of the discounted cash flow in step 1? What is the reasoning behind that?

  • @gautierjecker8195
    @gautierjecker8195 2 роки тому

    Thanks a lot, it was really helpful!

  • @tammyschoenfeldt7625
    @tammyschoenfeldt7625 Рік тому +1

    Thanks!

    • @Edspira
      @Edspira  Рік тому +1

      Thank you for your support!

  • @godschiId
    @godschiId 4 роки тому

    Doesn't impairment violate the cost principle?

  • @iRachelt96
    @iRachelt96 7 років тому +1

    You are amazing, thank you!

  • @Slammy_2
    @Slammy_2 2 роки тому

    What happens when you are not given the estimated amount

  • @diogorodrigo7405
    @diogorodrigo7405 6 років тому +1

    What program are you using, sir?

    • @Edspira
      @Edspira  6 років тому

      I use Camtasia and SmoothDraw

  • @DWHISPERSASMR
    @DWHISPERSASMR 6 років тому

    Please make a video on Govt accounting and NPO.

    • @Edspira
      @Edspira  6 років тому +1

      I'm planning on making more content this summer. Right now I'm teaching 5 classes and I don't have the time to make extra videos. I'll definitely put this on my list of videos to make. Thanks for watching!

    • @DWHISPERSASMR
      @DWHISPERSASMR 6 років тому

      Yes, sir. Thank-you. Waiting for your updates.

  • @manniedelarosa1099
    @manniedelarosa1099 3 роки тому

    Thanks.

  • @riverland0072
    @riverland0072 3 роки тому

    Now I’m craving Pizza 🍕

  • @alfredokumu
    @alfredokumu 5 років тому

    what if the future value was $ 30000?

  • @JasonSmith9696
    @JasonSmith9696 4 роки тому

    Thanks for all the help! btw, how much do you love pizza? lol

  • @GOW4L1F3
    @GOW4L1F3 6 років тому

    Does anybody know what software he is using?

    • @Edspira
      @Edspira  6 років тому

      Camtasia Studio and Wacom Bamboo tablet

  • @milindogugu5327
    @milindogugu5327 Рік тому

    I had lost hope🥺